SALT LAKE CITY, July 31, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) announced the sale of a $5 million digital security in the form of a cryptobond to FNY Managed Accounts LLC ("First New York"), an affiliate of FNY Capital. The sale is intended to serve as an additional proof-of-concept of the safety and efficiency of exchanging financial instruments via a cryptographically secured, public ledger.